Lever Style (HKSE:01346) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Lever Style Debt-to-Equity?

Lever Style's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$8 Mil. Lever Style's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$5 Mil. Lever Style's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$418 Mil. Lever Style's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Lever Style's Debt-to-Equity or its related term are showing as below:

HKSE:01346' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.61 Max: 1.38
Current: 0.03

During the past 8 years, the highest Debt-to-Equity Ratio of Lever Style was 1.38. The lowest was 0.03. And the median was 0.61.

HKSE:01346's Debt-to-Equity is ranked better than
93.6% of 937 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs HKSE:01346: 0.03

Lever Style Debt-to-Equity Historical Data

The historical data trend for Lever Style's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lever Style Debt-to-Equity Chart

Lever Style Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.38

0.62

0.78

0.27

0.03

Lever Style Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								0.78	0.81	0.27	0.10	0.03

Competitive Comparison of Lever Style's Debt-to-Equity

For the Apparel Manufacturing subindustry, Lever Style's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Lever Style's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lever Style's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Lever Style's Debt-to-Equity falls into.

Lever Style Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lever Style's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(7.622	+	5.381)	/	418.269
	=	0.03

Lever Style's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(7.622	+	5.381)	/	418.269
	=	0.03

Lever Style (HKSE:01346) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Lever Style Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Lever Style's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Lever Style (HKSE:01346) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lever Style Corp (HKSE:01346) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Hing Yip Street, Wing Tai Centre, 7th Floor, Room 76, Flat A, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.leverstyle.com

Lever Style Corp engages in apparel manufacturing. The firm offers a wide range of product categories for both men and women. Its product line comprises shirts, bottoms, suits, outwear, and other products out of which sale of shirts derives the majority revenue. Geographically, the United States of America contributes majority of the firm's revenue.

Executives

Imaginative Company Limited	2201 Interest of corporation controlled by you
Lever Style Holdings Limited	2101 Beneficial owner
Szeto Chi Yan Stanley	2201 Interest of corporation controlled by you
Fung Capital Limited	2201 Interest of corporation controlled by you
Hsbc Trustee (c.i.) Limited	2301 Trustee
Fung Portfolio Limited	2201 Interest of corporation controlled by you
Fung Kwok Lun William	2201 Interest of corporation controlled by you
Jing Lun Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Feng Shi Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Poolside Ventures Limited	2201 Interest of corporation controlled by you
Kci Limited	2201 Interest of corporation controlled by you
Fung Trinity Holdings Limited	2101 Beneficial owner
Fong Tong	2201 Interest of corporation controlled by you

Lever Style (HKSE:01346) Headlines

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